Bajaj Group acquires Bajaj General Insurance and Bajaj Life Insurance

Bajaj Group agreed to acquire Bajaj General Insurance and Bajaj Life Insurance. Reported deal value: $2.38B. Status: Completed. Sector: Insurance. Target headquarters context: Location not specified.

This page summarizes publicly available information about the transaction as of 2026-01-08. Figures and status may change as filings and press coverage update.

India Bajaj Group has ⁠acquired a 23 % stake in its insurance subsidiaries from Allianz SE for 21 3.90 ‌ billion ‌rupees , group firm Bajaj Finserv ‌said on Thursday.The acquisition gives Bajaj Finserv complete control of Bajaj General Insurance and Bajaj Life Insurance with a 75.01% stake and raises the ‌group ‍overall holding in ‍the two companies to 97%.The transfer ‌of Allianz remaining 3% stake is expected to be completed over the next few months through a proposed buyback of shares ‍by the insurance firms, Bajaj Finserv said